Cytodyn Inc (CYDY)

[d0lphint0m]

One can not argue that the pattern since 6/2020 has been lower highs and lower lows which is a bearish pattern. That is one reason I have not been posting here often for the past year. However I see this pattern changing. The fact that we have been taking out resistance levels like a hot knife through butter is telling. When we closed above the middle Bollinger band at 1.45 that was the first sign. Closing above the 50 day sma was the 2nd and taking out the 2/2020 previous high at 1.95 was huge. The next resistance is the 200 day sma at 2.95 and if we break that then it is a new game.